Reinsurers Reciprocal Jurisdiction Reinsurers

Full Application

Reciprocal Jurisdiction Reinsurers requesting Missouri to act as its “Lead State” for NAIC Reinsurance Financial Analysis (E) Working Group (ReFAWG) and passporting purposes should file a full application, meaning complete Section I on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and complete all the necessary corresponding exhibits detailed in that section of the checklist.

To avoid unnecessary delays in processing the application, it must be submitted to : InsuranceSolvency@insurance.mo.gov.

The initial application fee of $1,000 may be submitted as a check or the fee may be paid electronically. For electronic payment instructions see General Instructions.

Corresponding Exhibit Forms:

Form RJ-1

Passport Application

Reciprocal Jurisdiction Reinsurers who have established their Lead State with an NAIC accredited jurisdiction other than Missouri, whose initial application has been reviewed by ReFAWG, and would like their reciprocal jurisdiction reinsurer status recognized in Missouri should file a passport application, meaning complete Section II on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers, and complete all the necessary corresponding exhibits detailed in that section of the checklist.  

To avoid unnecessary delays in processing the application, it must be submitted to: InsuranceSolvency@insurance.mo.gov.                                             

Upon receipt of the application, company will be sent an invoice, which may then be paid electronically.  Alternatively, a check may be mailed to:  Missouri Department of Commerce and Insurance, Admissions Section, PO Box 690, Jefferson City, MO 65102-0690.

Corresponding Exhibit Forms:

Form RJ-1

Pursuant to section 375.246 of the Missouri Insurance Code, the Director requests a reinsurer to annually file specific information to maintain reciprocal jurisdiction reinsurer status.

Please email the annual renewal application to InsuranceSolvency@insurance.mo.gov.

The annual renewal fee of $2,000 may be submitted as a check or the fee may be paid electronically.  For electronic payment instructions see General Instructions.

Annual Renewal Application

Applicants that filed a full application where Missouri is its lead state should annually complete Section I of the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and file all of the necessary corresponding exhibits detailed in that section of the checklist.

Annual Passport Application

Applicants that have passported into Missouri should annually complete Section II on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and file all of the necessary corresponding exhibits detailed in that section of the checklist.

To avoid unnecessary delays in processing the application, it must be submitted to InsuranceSolvency@insurance.mo.gov. Applicants shall submit the following for both initial and annual renewal applications:

1. Uniform Checklist for Reciprocal Jurisdiction Reinsurers including all necessary corresponding documentation detailed in the checklist. If the applicant is requesting Missouri to be the lead state, Part I should be completed. If applicant is recognized as a reciprocal jurisdiction reinsurer in another NAIC accredited jurisdiction, only Part II should be completed.
2. Form RJ-1
3. Any other documentation deemed necessary by the Director.
4. Initial application fee of $1,000; renewal application fee of $2,000. The company will be invoiced upon receipt of the application.  The invoice may then be paid electronically.  Alternatively, a check may be mailed to:  Missouri Department of Commerce and Insurance, Admissions Section, PO Box 690, Jefferson City, MO 65102-0690.

The reciprocal jurisdiction reinsurer status will run through the end of the calendar year unless otherwise determined by the Director.

Forms

• Uniform Checklist for Reciprocal Jurisdiction Reinsurers
• RJ-1: Certificate of Reinsurer Domiciled in Reciprocal Jurisdction
   

Helpful Link(s):

ReFAWG Review Process for Passporting Certified and Reciprocal Jurisdiction Reinsurers:

Reinsurance Financial Analysis (E) Working Group
ReFAWG Review Process for Passporting Certified and Reciprocal Jurisdiction Reinsurers
Listing of Certified and Reciprocal Jurisdiction Reinsurers

A reciprocal jurisdiction reinsurer must include the provision required by Regulation 20 CSR 200-2.100(7)(C)4D  in all reinsurance contracts with Missouri cedents.

Contact Information

Please direct any questions to:
InsuranceSolvency@insurance.mo.gov
573-751-4362